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Orchard Bank Drayton NR8 6RN

East of England

£280,000

Listed on 22/07/2026

Property details

Bedrooms
3
Type
Detached
Area
474 sqft

Description

This modern detached residence is situated in a desirable non-estate location within the popular village of Drayton. While the home requires some updating and improvements, it presents an excellent opportunity for renovation to create a personalized living space. The property comprises three bedrooms and a bathroom on the first floor, with spacious ground floor areas including an entrance hall, cloakroom, lounge, dining room, and kitchen. Notable features include gas central heating, double glazing, generous parking options, a single garage with light and power connections, and an enclosed rear garden that may benefit from landscaping. Its strategic location offers convenient access to local amenities and beautiful Norfolk countryside and coastlines, making it a promising investment choice for those looking to increase value through thoughtful enhancements.

Investment analysis

(NR8 area)

Above Market Value

This property is priced +92.5% above area average per sq ft

+92.5%
This Property
£591/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£256
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£159,966
10% above area average per sq ft
Potential ROI
-47.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NR8)

Area prices are stable by -0.9% over the last 12 months
3 year growth: -3.1%
5 year growth: +11.6%
Investment Disclaimer: Analysis based on NR8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Orchard Bank Drayton NR8 6RN
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,058
Based on a loan of £210,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

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